First Northwest Bank
Arlington Heights, IL — Domestic Branch of a Domestic Bank
Acquired May 2005
Vitals
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Total Assets296.5M 25.5 %
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Total Deposits222.0M 17.2 %
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Total Net Loans181.0M 15.8 %
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Net Income840000.0000 61.2 %
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Book Value49.3M 196.2 %
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Book Value x298.5M 196.2 %
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Book Value x3147.8M 196.2 %
Balance Sheet Highlights
Financial Highlights | First Northwest Bank | All Insured Commercial Banks in Illinois |
Balance Sheet $(000) | ||
Total Assets | 296,515 | 170,003 |
Total Net Loans | 180,972 | 112,542 |
Total Deposits | 222,041 | 143,119 |
Total Equity | 49,259 | 16,203 |
Profitability | ||
Net Income | 840 | 633 |
Return on Average Assets | 1.277 | 1.127 |
Return on Average Equity | 9.806 | 11.65 |
Net Interest Margin | 3.568 | 3.831 |
Efficiency Ratio | 53.759 | 63.149 |
Noninterest Income/Revenue | 5.014 | 11.317 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 81.504 | 72.599 |
Securities/Assets | .212 | .853 |
Total Equity/Total Assets | .166 | .095 |
Tangible Equity/Tangible Assets | .058 | -.012 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 18,494 | 15,444 |
Tier 2 Capital | 1,988 | 1,388 |
Total Capital | 20,482 | 16,919 |
Total Risk Weighted Assets | 202,419 | 123,531 |
Leverage Ratio | 7.96 | 9.803 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.14 | 15.057 |
Total Capital Ratio | 10.12 | 16.157 |
Timeline for First Northwest Bank
Village Bank And Trust
First Northwest Bank was acquired by Village Bank And Trust 18 years
View Profile May 23 2005Wintrust Financial Corporation
Wintrust Financial Corporation became a new parent organization for First Northwest Bank.
View Profile Mar 31 2005First Northwest Financial, Inc.
First Northwest Financial, Inc. became a new subsidiary organization for First Northwest Bank.
View Profile Sep 09 1998First Northwest Bancorp, Inc.
First Northwest Bancorp, Inc. became a new parent organization for First Northwest Bank.
View Profile Jul 31 1996First Northwest Bank
First Northwest Bank was established 29 years ago and is currently headquartered in Arlington Heights, IL.
Feb 13 1995Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Village Bank And Trust | Buyer | 1,396,403 | Pooling of Interests | Discontinued | 5/23/2005 |
Relationships | Role | Relationship Start | Relationship End |
Wintrust Financial Corporation | Parent | 3/31/2005 | 5/22/2005 |
First Northwest Bancorp, Inc. | Parent | 7/31/1996 | 3/30/2005 |
First Northwest Financial, Inc. | Subsidary | 9/9/1998 | 12/29/2004 |
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